Latest News On Tax Penalties

Latest California Healthline Stories

4 New Ways You Can Avoid Fines For Not Having Health Insurance

Among changes by the Trump administration, new rules protect consumers living in areas with only one marketplace plan as well as those who oppose abortion and can’t find a plan that doesn’t cover the procedure. These rules will resonate in California, where most health plans are required to cover abortion and six counties have only one insurer selling through the ACA exchange.

California Insurer Faces Whistleblower Complaint Over Health Law Taxes

The filing against Blue Shield of California focuses on the taxation of certain health plans that are funded by both an employer and insurer. The case could attract more government scrutiny into whether all health insurers are paying their fair share of premium taxes.

Don’t Get Tripped Up By The IRS Tweak To Health Savings Accounts

A new federal calculation reduces by $50 the amount a family can put aside in 2018 in these accounts to pay medical bills. Anyone who has already funded the account at a higher level will need to adjust or deal with the tax consequences next year.